v3.26.1
Related undertakings
12 Months Ended
Mar. 31, 2026
Related undertakings  
Related undertakings
 31. Related undertakings 
 
A full list of all of our subsidiaries, joint arrangements and associated undertakings is detailed below.
A full list of subsidiaries, joint arrangements and associated undertakings (as defined in the Large and
Medium-sized
Companies and Groups (Accounts and Reports) Regulations 2008) as at 31 March 2026 is detailed below. No subsidiaries are excluded from the Group consolidation. Unless otherwise stated the Company’s subsidiaries all have share capital consisting solely of ordinary shares and are indirectly held. The percentage held by Group companies reflect both the proportion of nominal capital and voting rights unless otherwise stated.
Summarised financial information is provided in respect of the Group’s most significant associates and joint arrangements in note 12 ‘Associates and joint arrangements’.
Subsidiaries
A subsidiary is an entity directly or indirectly controlled by the Company. Control is achieved where the Company has existing rights that give it the current ability to direct the activities that affect the Company’s returns and exposure or rights to variable returns from the entity. The results of subsidiaries acquired or disposed of during the year are included in the consolidated income statement from the effective date of acquisition or up to the effective date of disposal, as appropriate. Where necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies into line with those used by the Group. All intra-Group transactions, balances, income and expenses are eliminated on consolidation.
Non-controlling
interests in the net assets of consolidated subsidiaries are identified separately from the Group’s equity therein.
Non-controlling
interests consist of the amount of those interests at the date of the original business combination and the
non-controlling
shareholder’s share of changes in equity since the date of the combination. Total comprehensive income is attributed to
non-controlling
interests even if this results in the
non-controlling
interests having a deficit balance.
 
Company name
 
% of share class held
by Group companies
         Share class  
Albania
   
Autostrada Tirane-Durres, Rruga: “Pavaresia”, Nr 61, Kashar, Tirana, Albania
   
Vodafone Albania Sh.A
    100.00       Ordinary shares  
Rruga “Ibrahim Rugova”, Sky Tower, Kati I 5, Hyrja , Tiranë 1000, Albania
   
_VOIS Albania Shpk.
    85.71       Ordinary shares  
Australia
   
Quay Quarter Tower, Level 7, 50 Bridge Street, Sydney NSW 2000, Australia
   
Vodafone Enterprise Australia Pty Limited
    100.00       Ordinary shares  
Austria
   
Hohenstaufengasse 9, DG, 1010, Wien, Austria
   
Vodafone Enterprise Austria GmbH
    100.00       Quotas shares  
Bahrain
   
Flat 304, Building 60 Falcon Tower, Road 1701, Diplomatic Area, Manama, 317, Bahrain
   
Vodafone Enterprise Bahrain W.L.L.
    100.00       Ordinary shares  
Company name
 
% of share class held
by Group companies
         Share class  
Belgium
   
Malta House, rue Archimède 25, 1000 Bruxelles, Belgium
   
Vodafone Belgium SA/NV
    100.00       Ordinary shares  
Brazil
   
R. Manoel de Oliveira Ramos, 205, Suite 201, Florianópolis SC,
88075-120
, Brazil
   
Skaylink Ltda.
    100.00       Ordinary shares  
Rua Boa Vista, 254, 13th Floor, Suite 32, Sao Paulo, Sao Paulo,
01014-907,
Brazil
   
Vodafone Empresa Brasil Telecomunicações Ltda
    100.00       Ordinary shares  
Rua Boa Vista, No. 254, room 1304 (parte), Centro, São Paulo, 01014907, Brazil
   
Vodafone Serviços Empresariais Brasil Ltda
    100.00       Ordinary shares  
Bulgaria
   
Mladost district, 4 Mihail Tenev Str., Balkan Business Centre, Floor 12, Sofia, 1784, Bulgaria
   
Vodafone Enterprise Bulgaria EOOD
    100.00       Ordinary shares  
Canada
   
c/o ARC Information Services Inc.,
3-84
Castlebury Crescent, Toronto ON M2H 1W8, Canada
   
Vodafone Canada Inc.
    100.00       Common shares  
Cayman Islands
   
PO Box 309, Ugland House, Grand Cayman,
KY1-1104,
Cayman Islands
   
CGP Investments (Holdings) Limited
    100.00       Ordinary shares  
China
   
Level 9, Tower 2, China Central Place, Room 941, No. 79 Jianguo Road, Chaoyang District, Beijing, 100025, China
   
Vodafone Enterprise Communications Technical Service (Shanghai) Co., Ltd. Beijing Branch
2
    100.00       Branch  
Room 1603, 16th Floor, 1200 Pudong Avenue, Free Trade Zone, Shanghai, China
   
Vodafone Enterprise Communications Technical Service (Shanghai) Co., Ltd.
    100.00       Ordinary shares  
Room 625, Floor 6, Building
1-A,
No. 19, Ronghua Middle Road, Beijing Economic and Technological Development Zone, Beijing, China
   
Vodafone Automotive Technologies (Beijing) Co, Ltd
    100.00       Ordinary shares  
Congo, The Democratic Republic of the
   
292 Avenue de La Justice, Commune de la Gombe, Kinshasa, The Democratic Republic of the Congo
   
Vodacom Congo (RDC) SA
5
    33.20       Ordinary shares  
540 avenue de la justice, second floor, Gombe, Kinshasa, The Democratic Republic of the Congo
   
Vodacash S.A
5
    33.20       Ordinary shares  
Cyprus
   
Ali Riza Caddesi No: 33/A Ortaköy, Lefkoşa, Cyprus
   
Vodafone Evde Operations Ltd
    100.00       Ordinary shares  
Vodafone Mobile Operations Limited
    100.00       Ordinary shares  
 
 
Company name
 
% of share class held
by Group companies
         Share class  
Czech Republic
   
Námĕstí Junkových 2, Prague 5, 155 00, Czech Republic
   
Nadace Vodafone Česká Republika
    100.00       Trustee  
Oskar Mobil s.r.o.
    100.00       Ordinary shares  
Vodafone Czech Republic A.S.
    100.00       Ordinary shares  
Vodafone Enterprise Europe (UK) Limited - Czech Branch
2
    100.00       Branch  
Praha 4, Závišova 502/5, 14000, Nusle, Czech Republic
   
Závišova Real Estate, s.r.o.
    100.00       Ordinary shares  
Denmark
   
Lautrupsgade 7, 2100, Copenhagen, Denmark
   
cVationA/S
    100.00       Ordinary shares  
C/O DLA Piper Denmark, Oslo Plads 2,
DK-2100,
Copenhagen East, Denmark
   
Vodafone Enterprise Denmark A/S
    100.00       Ordinary shares  
Egypt
   
37 Kasr El Nil St, 4th Floor, Cairo, Egypt
   
Starnet
5
    35.81       Ordinary shares  
54 El Batal Ahmed Abed El Aziz, Mohandseen, Giza, Egypt
   
Sarmady Communications
5
    35.82       Ordinary shares  
Building no. 2109 “VHUB1”, Smart Village, Cairo Alexandria, Egypt
   
Vodafone International Services LLC
5
    85.71       Ordinary shares  
Site No 15/3C, Central Axis, 6th October City, Egypt
   
Vodafone Egypt Telecommunications S.A.E.
5
    35.82       Ordinary shares  
Smart Village C3 Vodafone Building, Egypt
   
Vodafone Data
5
    35.81       Ordinary shares  
Vodafone Building Zahraa EL Maadi, Building A, Service Area D, Maadi, Cairo, Egypt
   
Vodafone For Trading
5
    35.78       Ordinary shares  
Finland
   
Itämerenkatu 25, 00180 Helsinki, Finland
   
Vodafone Enterprise Finland Oy
    100.00       Ordinary shares  
France
   
1300 route de Cretes, Le WTC, Bat I1, 06560, Valboone Soph, France
   
Vodafone Automotive Telematics Development S.A.S
    100.00       Ordinary shares  
La Défense Cours Valmy ,
1-7
Le Belvédère , 92800, Puteaux, France
   
Vodafone Automotive France S.A.S
    100.00       Ordinary shares  
Le Belvédère,
1-7
cours Valmy, 92800, Puteaux, France
   
Vodafone Enterprise France SAS
    100.00       Ordinary shares  
Company name
 
% of share class held
by Group companies
         Share class  
Vihan Rue de Champollion, Apollo Câble Station, KERADRIVIN 22300, Lannion, France
   
Apollo Submarine Cable System Ltd - French Branch
2
    100.00       Branch  
Georgia
   
Floor 1, Entrance 2, Commercial Space, Terenti Graneli Street
10-12,
Chugureti District, Tbilisi, Georgia
   
Vodafone Enterprise Georgia LLC
    100.00       Ordinary shares  
Germany
   
Parkring 29, 85748, Garching bei München, Bayern, Germany
   
Cloudforce 1 GmbH
    100.00       Ordinary shares  
Skaylink GmbH
    100.00       Ordinary shares  
Danziger Str. 12, Garching b. München, Bavaria, 85748, Germany
   
DrVis Software GmbH
    100.00       Ordinary shares  
Altes Forsthaus 2, 67661, Kaiserslautern, Germany
   
TKS Telepost Kabel-Service Kaiserslautern GmbH
    100.00       Ordinary shares  
Buschurweg 4, 76870 Kandel, Germany
   
Vodafone Automotive Deutschland GmbH
    100.00       Ordinary shares  
Ferdinand-Braun-Platz 1, 40549, Düsseldorf, Germany
   
Vodafone Enterprise Germany GmbH
    100.00      
Serial No.1 shares,
Serial No.2 shares
 
 
Vodafone GmbH
    100.00      
Ordinary A shares,
Ordinary B shares
 
 
Vodafone Group Services GmbH
    85.71       Ordinary shares  
Vodafone IoT Germany GmbH
    100.00       Ordinary shares  
Vodafone Stiftung Deutschland Gemeinnützige GmbH
    100.00       Ordinary shares  
Vodafone West GmbH
    100.00       Ordinary shares  
Ferdinand-Braun-Platz 1, 40549, Düsseldorf, Nordrhein-Westfalen, Germany
   
Grandcentrix GmbH
    100.00       Ordinary shares  
Nobelstrasse 55, 18059, Rostock, Germany
   
Urbana Teleunion Rostock GmbH & Co. KG
    70.00       Ordinary shares  
Greece
   
12,5 km National Road Athens-Lamia, Metamorfosi, Athens, 14452, Greece
   
Vodafone Innovus S.A.
    99.87       Ordinary shares  
1-3
Tzavella str, 152 31 Halandri, Athens, Greece
   
Fiber2All S.A.
    99.87       Ordinary shares  
Fiber2All Holdings S.A.
    99.87       Ordinary shares  
Vodafone-Panafon Hellenic Telecommunications Company S.A.
    99.87       Ordinary shares  
Pireos 163 & Ehelidon, Athens, 11854, Greece
   
360 Connect S.A.
    99.87       Ordinary shares  
 
 
Company name
 
% of share class held
by Group companies
         Share class  
Guernsey
   
Plaza House, Third Floor, Elizabeth Avenue, St. Peter Port, GY1 2HU, Guernsey
   
Silver Stream Investments Limited
    100.00       Ordinary shares  
Roseneath, The Grange, St. Peter Port, GY1 2QJ, Guernsey
   
VBA Holdings Limited
5
    65.10      



Ordinary shares,
Non-voting

irredeemable non-
cumulative preference
shares
 
 
 
 
 
VBA International Limited
5
    65.10      



Ordinary shares,
Non-voting

irredeemable non-
cumulative preference
shares
 
 
 
 
 
Hong Kong
   
Level 23, One Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong
   
Vodafone Enterprise Hong Kong Ltd
    100.00       Ordinary shares  
Hungary
   
40-44
Hungaria Krt., Budapest,
H-1087,
Hungary
   
VSSB Vodafone Szolgáltató Központ Budapest Zártkörűen Működő Részvénytársaság
    85.71      
Registered ordinary
shares
 
 
India
   
10th Floor, Tower A&B, Global Technology Park, (Maple Tree Building), Marathahalli Outer Ring Road, Devarabeesanahalli Village, Varthur Hobli, Bengaluru, Karnataka, 560103, India
   
Cable & Wireless Networks India Private Limited
    100.00       Equity shares  
Cable and Wireless (India) Limited - Branch
2
    100.00       Branch  
Cable and Wireless Global (India) Private Limited
    100.00       Equity shares  
201-206,
Shiv Smriti Chambers, 49/A, Dr. Annie Besant Road, Mumbai, Maharashtra, Worli, 400018, India
   
Omega Telecom Holdings Private Limited
    100.00       Equity shares  
Vodafone India Services Private Limited
    100.00       Equity shares  
Flat No. 1, 1st Floor, 3A, New Bowbazar Lane, Bowbazar, Kolkata, West Bengal, 700012, India
   
Usha Martin Telematics Limited
    100.00       Equity shares  
Table Space, 5th Floor, Tower B, Panchshil Business Park, Viman Nagar, Pune, Maharashtra, 411014, India
   
Vodafone Global Services Private Limited
    100.00       Equity shares  
Ireland
   
3rd Floor, Waterloo Exchange, Waterloo Road, Dublin 4, D04 E5W7, Ireland
   
Vodafone International Financing Designated Activity Company
    100.00       Ordinary shares  
Deloitte & Touche House, 29 Earlsfort Terrace, Dublin 2, Ireland
               
Company name
 
% of share class held
by Group companies
         Share class  
Vodafone Enterprise Global Limited
    100.00       Ordinary shares  
Vodafone Global Network Limited
    100.00       Ordinary shares  
Mountainview, Leopardstown, Dublin 18, Ireland
   
Vodafone Group Services Ireland Limited
    85.71       Ordinary shares  
Vodafone Ireland Limited
    100.00       Ordinary shares  
Vodafone Ireland Retail Limited
    100.00       Ordinary shares  
Italy
   
Via Astico 41, 21100 Varese, Italy
   
Vodafone Automotive Electronic Systems S.r.L
    100.00       Ordinary shares  
Vodafone Automotive S.p.A
    100.00       Ordinary shares  
Vodafone Automotive Telematics S.r.L
    100.00       Ordinary shares  
Via Bisceglie 73, 20152, Milan, Italy
   
Vodafone Enterprise Italy S.r.L
    100.00       Euro shares  
Vodafone Servizi E Tecnologie S.R.L.
    100.00       Equity shares  
Via Gabriele D’Annunzio, 4, 21010 Vizzola Ticino, VA, Italy
   
Vodafone Automotive Italia S.p.A
    100.00       Ordinary shares  
Via Lorenteggio 240, Milan, Italy
   
Vodafone IoT Italy, S.R.L.
    100.00       Quotas shares  
Japan
   
KAKiYA building, 9F,
2-7-17
Shin-Yokohama,
Kohoku-ku,
Yokoha-City, Kanagawa,
222-0033,
Japan
   
Vodafone Automotive Japan KK
    100.00       Ordinary shares  
The Executive Centre, Level 20, Shin Marunouchi Center Building,
1-6-2
Marunouchi,
Chiyoda-ku,
Tokyo,
100-0005,
Japan
   
Vodafone Enterprise U.K. - Japanese Branch
2
    51.00       Branch  
Vodafone Global Enterprise (Japan) K.K.
    100.00       Ordinary shares  
Jersey
   
44 Esplanade, St Helier, JE4 9WG, Jersey
   
Vodafone International 2 Limited
    100.00       Ordinary shares  
Kenya
   
6th Floor, ABC Towers, ABC Place, Waiyaki Way, Nairobi, 00100, Kenya
   
Vodafone Kenya Limited
5
    69.46       Ordinary shares  
The Riverfront, 4th floor, Prof. David Wasawo Drive, Off Riverside Drive, Nairobi, Kenya
   
Vodacom Business (Kenya) Limited
5
    52.08       Ordinary shares  
Korea, Republic of
   
ASEM Tower level 37, 517 Yeongdong-daero,
Gangnam-gu,
Seoul,
135-798,
Korea, Republic of
   
Vodafone Enterprise Korea Limited
    100.00       Ordinary shares  
 
 
Company name
 
% of share class held
by Group companies
         Share class  
Lesotho
   
585 Mabile Road, Vodacom Park, Maseru, Lesotho
   
VCL Financial Services (PTY) Ltd
5
    52.08       Ordinary shares  
Vodacom Lesotho (Pty) Limited
5
    52.08       Ordinary shares  
Lithuania
   
Laisvės pr. 53E, Vilnius, 07191, Lithuania
   
UAB BTT Group
    100.00       Ordinary shares  
Luxembourg
   
15 rue Edward Steichen, Luxembourg, 2540, Luxembourg
   
Tomorrow Street GP S.à r.l.
    100.00       Ordinary shares  
Vodafone Enterprise Luxembourg S.A.
    100.00      
Ordinary euro
shares
 
 
Vodafone Global Connect S.à r.l.
    100.00       Ordinary shares  
Vodafone International 1 S.à r.l.
    100.00       Ordinary shares  
Vodafone International M S.à r.l.
    100.00       Ordinary shares  
Vodafone Investments Luxembourg S.à r.l.
    100.00       Ordinary shares  
Vodafone Luxembourg S.à r.l.
    100.00       Ordinary shares  
Vodafone Procurement Company S.à r.l.
    100.00       Ordinary shares  
Vodafone Roaming Services S.à r.l.
    100.00       Ordinary shares  
Malaysia
   
Suite 13.03, 13th Floor, Menara Tan & Tan, 207 Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia
   
Vodafone Global Enterprise (Malaysia) Sdn Bhd
    100.00       Ordinary shares  
Malta
   
Portomaso Business Tower, Level 15B, St Julians, STJ 4011, Malta
   
Vodafone Holdings Limited
    100.00      
Ordinary A shares,
Ordinary B shares
 
 
Vodafone Insurance Limited
    100.00      
Ordinary A shares,
Ordinary B shares
 
 
Mauritius
   
10th Floor, Standard Chartered Towers, 19 Cybercity, Ebene, Mauritius, Mauritius
   
Mobile Wallet VM1
5
    65.10       Ordinary shares  
Mobile Wallet VM2
5
    65.10       Ordinary shares  
Vodacom International Limited
5
    65.10      

Ordinary shares,
Non cumulative
preference shares
 
 
 
Fifth Floor, Ebene Esplanade, 24 Bank Street, Cybercity, Ebene, Mauritius
   
Al-Amin
Investments Limited
    100.00       Ordinary shares  
Array Holdings Limited
    100.00       Ordinary shares  
Asian Telecommunication Investments (Mauritius) Limited
    100.00       Ordinary shares  
Company name
 
% of share class held
by Group companies
         Share class  
CCII (Mauritius), Inc.
    100.00       Ordinary shares  
CGP India Investments Ltd.
    100.00       Ordinary shares  
Euro Pacific Securities Ltd.
    100.00       Ordinary shares  
Mobilvest
    100.00       Ordinary shares  
Prime Metals Ltd.
    100.00       Ordinary shares  
Trans Crystal Ltd.
    100.00       Ordinary shares  
Vodafone Mauritius Ltd.
    100.00       Ordinary shares  
Vodafone Telecommunications (India) Limited
    100.00       Ordinary shares  
Vodafone Tele-Services (India) Holdings Limited
    100.00       Ordinary shares  
Mexico
   
Avenida Insurgentes Sur No. 1647, Piso 12, despacho 1202, Colonia San José Insurgentes, Alcaldía Benito Juárez, C.P. 03900, Ciudad de México, Mexico
   
Vodafone Empresa México S.de R.L. de C.V.
    100.00      




Corporate
certificate series A
shares,
Corporate
certificate series B
shares
 
 
 
 
 
 
Mozambique
   
Rua dos Desportistas, Numero 649, Cidade de Maputo, Mozambique
   
Mozambique Fibre Company, SY, LDA
5
    55.33       Ordinary shares  
Mozambique Tower Company, SY, LDA
5
    55.33       Ordinary shares  
Vodacom Moçambique, SA
5
    55.33       Ordinary shares  
Vodacom
M-Pesa,
SA
5
    55.33       Ordinary shares  
Netherlands
   
Rivium Quadrant 173, 15th Floor, 2909 LC, Capelle aan den IJssel, Netherlands
   
Vodafone Enterprise Netherlands B.V.
    100.00       Ordinary shares  
Vodafone Europe B.V.
    100.00       Ordinary shares  
Vodafone International Holdings B.V.
    100.00       Ordinary shares  
Zuid - hollanden 7, Rode Olifant, Spaces, 2596AL, den Haag, Netherlands
   
IOT.NXT B.V.
5
    42.32       Ordinary shares  
IoT.nxt EMENA B.V
5
    42.32       Ordinary shares  
IoT.nxt Europe BV
5
    42.32       Ordinary shares  
New Zealand
   
30 Daldy Street, Central Auckland, 1010, New Zealand
   
Vodafone Enterprise Hong Kong Limited - New Zealand Branch
2
    100.00       Branch  
Norway
   
c/o EconPartner AS, Dronning Mauds gate 15, Oslo, 0250, Norway
   
Vodafone Enterprise Norway AS
    100.00       Ordinary shares  
 
 
Company name
 
% of share class held
by Group companies
    Share class  
Oman
   
Knowledge Oasis Muscat,
Al-seeb,
Muscat, Governorate P.O Box 104 135, Oman
   
Vodafone Services LLC
    100.00       Ordinary shares  
Poland
   
ul. Towarowa 28,
00-839,
Warsaw, Poland
   
Vodafone Business Poland sp. z o.o.
    100.00       Ordinary shares  
Portugal
   
Av. D. João II, nº 36 - 8º Piso, 1998 - 017, Parque das Nações, Lisboa, Portugal
   
Vodafone Enterprise Spain, S.L.U. – Portugal Branch
2
    100.00       Branch  
Vodafone IoT Portugal, Unipessoal Lda.
    100.00       Quotas shares  
Vodafone Portugal - Comunicacoes Pessoais, S.A.
    100.00       Ordinary shares  
Vodafone Solutions, Unipessoal LDA
    100.00       Quotas shares  
Romania
   
1 A Constantin Ghercu Street, 10th Floor, 6th District, Bucharest, Romania
   
UPC Services S.R.L.
    100.00       Ordinary shares  
1 C Expoziţiei Boulevard, building B1, floor 1, 2 and 3, District 1, Bucharest, Romania
   
Telekom Romania Mobile Communications S.A.
    100.00       Ordinary shares  
18 Diligenţei Steet, 1st floor, Building C1, Ploiesti, Prahova County, Romania
   
Evotracking SRL
    100.00       Ordinary shares  
201 Barbu Vacarescu Street, 5th floor, 2nd District, Bucharest, Romania
   
Vodafone External Services SRL
    100.00       Ordinary shares  
Vodafone Foundation
    100.00       Sole member  
201 Barbu Vacarescu Street, 4th floor, 2nd District, Bucharest, Romania
   
Vodafone Romania S.A
    100.00       Ordinary shares  
201 Barbu Vacarescu Street, Ground Floor, 2nd District 2, Bucharest, Romania
   
West Network SRL
    100.00       Ordinary shares  
62 D Nordului Street, District 1, Bucharest, Romania
   
UPC Foundation
    100.00       Sole member  
Oltenitei Street no. 2, City Offices Building, 3rd Floor, 4th District, Bucharest, Romania
   
Vodafone România Technologies SRL
    85.71       Ordinary shares  
Sectorul 2, Strada Barbu Văcărescu, Nr. 201, Etaj 1, Bucharest, Romania
   
Vodafone România M - Payments SRL
    100.00       Ordinary shares  
Calea Turzii nr. 101, et.2, Cluj-Napoca, Romania, 400493
   
Skaylink SRL
    100.00       Ordinary shares  
Russian Federation
   
Build. 2, 14/10, Chayanova str., 125047, Moscow, Russian Federation
   
Cable & Wireless CIS Svyaz LLC
    100.00       Charter capital shares  
Serbia
   
Vladimira Popovića
38-40,
New Belgrade, 11070, Serbia
               
Company name
 
% of share class held
by Group companies
    Share class  
Vodafone Enterprise Equipment Limited Ogranak u Beogradu - Serbia Branch
2
    100.00       Branch  
Singapore
   
Asia Square Tower 2, 12 Marina View,
#17-01,
018961, Singapore
   
Vodafone Enterprise Singapore Pte.Ltd
    100.00       Ordinary shares  
Slovakia
   
Karadžičova 2, mestská čast' Staré mesto, Bratislava, 811 09, Slovakia
   
Vodafone Global Network Limited - organizačná zložka (Slovakia Branch)
2
    100.00       Branch  
Prievozská 6, Bratislava, 821 09, Slovakia
   
Vodafone Czech Republic A.S. - Slovakia Branch
2
    100.00       Branch  
South Africa
   
9 Kinross Street, Germiston South, 1401, South Africa
   
Vodafone Holdings (SA) Proprietary Limited
    100.00       Ordinary shares  
Vodafone Investments (SA) Proprietary Limited
    100.00      

Ordinary A shares,
Ordinary B no par
value shares
 
 
 
Irene Link Building C, Third Floor, 5 Impala Avenue, Doringkloof, Centurion, Gauteng, 0046, South Africa
   
10T Holdings Proprietary Limited
5
    42.32       Ordinary shares  
IoT.nxt (Pty) Limited
5
    42.32       Ordinary shares  
Knightsbridge Office Park, 33 Sloane Street, Bryanston, Sandton, Gauteng, 2191, South Africa
   
MAST Services Proprietary Limited
5
    65.10       Ordinary shares  
Vodacom Corporate Park, 082 Vodacom Boulevard, Midrand, 1685, South Africa
   
Infinity Services Partner Company
5
    65.10       Ordinary shares  
Jupicol (Proprietary) Limited
5
    45.57       Ordinary shares  
Mezzanine Ware Proprietary Limited
5
    58.59       Ordinary shares  
Motifprops 1 (Proprietary) Limited
5
    65.10       Ordinary shares  
Nexio (Proprietary) Limited
5
    33.20       Ordinary shares  
Sphinx Investment Holding Company (RF) (Proprietary) Limited
5
    65.10       Ordinary shares  
Strand (RF) (Pty) Ltd
    65.10       Ordinary shares  
Vodacom (Pty) Limited
5
    65.10      
Ordinary shares,
Ordinary A shares
 
 
Vodacom Business Africa Group (Pty) Limited
5
    65.10       Ordinary shares  
Vodacom Business Africa SA (Pty) Limited
5
    65.10       Ordinary shares  
Vodacom Financial Services (Proprietary) Limited
5
    65.10       Ordinary shares  
Vodacom Group Limited
    65.10       Ordinary shares  
Vodacom Insurance Administration Company (Proprietary) Limited
5
    65.10       Ordinary shares  
Vodacom Insurance Company (RF) Limited
5
    65.10       Ordinary shares  
Vodacom International Holdings (Pty) Limited
5
    65.10       Ordinary shares  
Vodacom Life Assurance Company (RF) Limited
5
    65.10       Ordinary shares  
Vodacom Payment Services (Proprietary) Limited
5
    65.10       Ordinary shares  
Vodacom Properties No 1 (Proprietary) Limited
5
    65.10       Ordinary shares  
 
 
 
Company name
 
% of share class held
by Group companies
         Share class  
South Africa (continued)
   
Vodacom Properties No.2 (Pty) Limited
5
    65.10       Ordinary shares  
Wheatfields Investments 276 (Proprietary) Limited
5
    65.10       Ordinary shares  
XLink Communications (Proprietary) Limited
5
    65.10       Ordinary A shares  
Spain
   
Calle Miguel Yuste, 33 Bis, 2 Planta, 28037, Madrid, Spain
   
Vodafone Automotive Iberia S.L.
    100.00       Ordinary shares  
Avenida de América 115, 28042, Madrid, Spain
   
Vodafone Enterprise Spain SLU
    100.00      
Ordinary euro
shares
 
 
Torre Norte Adif, Explanada de la Estación no 7, 29002, Málaga, Spain
   
Vodafone Intelligent Solutions España, S.L.U.
    100.00       Ordinary shares  
Vodafone IoT Spain, S.L.
    100.00       Ordinary shares  
Sweden
   
C/o Aspia AB, Kopparbergsvägen 11a, 722 13, Västerås, Sweden
   
Vodafone Enterprise Sweden AB
    100.00      

Ordinary shares,
Shareholder’s
contribution shares
 
 
 
Switzerland
   
In der Luberzen 25, 8902 , Urdorf, Kanton Zürich, Switzerland
   
Beck et al. Services AG i.L.
    100.00       Ordinary shares  
C/o BDO AG, Schiffbaustrasse 2, 8005, Zurich, Switzerland
   
Vodafone Enterprise Switzerland AG
    100.00       Ordinary shares  
Taiwan
   
22F., No.100, Songren Road., Xinyi District, Taipei City, 11070, Taiwan
   
Vodafone Global Enterprise Taiwan Limited
    100.00       Ordinary shares  
Tanzania, United Republic of
   
15 Floor, Vodacom Tower, Ursino Estate, Plot No. 23, Bagamoyo Road, Dar es Salaam, United Republic of Tanzania
   
M-Pesa
Limited
5
    48.82      
Ordinary A shares,
Ordinary B shares
 
 
Shared Networks Tanzania Limited
5
    48.82       Ordinary shares  
Smile Communications Tanzania Limited
5
    48.82       Ordinary shares  
Vodacom Tanzania Public Limited Company
5
    48.82       Ordinary shares  
Thailand
   
725 Metropolis Building, 20th floor, Unit 100, Sukhumvit Road, Klongton Nua Sub-district, Watthana District, Bangkok, 10110, Thailand
   
Vodafone Business Siam Co., Ltd.
    100.00       Ordinary shares  
Türkiye
   
Büyükdere Caddesi, No: 251, Maslak, Şişli / İstanbul, 34398, Türkiye
   
Vodafone Bilgi Ve Iletisim Hizmetleri AS
    100.00       Registered shares  
Company name
 
% of share class held
by Group companies
         Share class  
Vodafone Dagitim, Servis ve Icerik Hizmetleri A.S.
    100.00       Ordinary shares  
Vodafone Holding A.S.
    100.00       Registered shares  
Vodafone Kule ve Altyapi Hizmetleri A.S.
    100.00       Ordinary shares  
Vodafone Mall Ve Elektronik Hizmetler Ticaret AS
    100.00       Ordinary shares  
Vodafone Net İletişim Hizmetleri A.S.
    100.00       Ordinary shares  
Vodafone Telekomunikasyon A.S
    100.00       Registered shares  
Vodafone Finansman A.S.
    100.00       Ordinary shares  
Vodafone Elektronik Para Ve Ödeme Hizmetleri A.S.
    100.00       Registered shares  
Vodafone Sigorta Aracilik Hizmetleri A.S.
    100.00       Ordinary shares  
İTÜ Ayazağa Kampüsü, Koru Yolu, Arı Teknokent Arı 3 Binası, Maslak, İstanbul, 586553, Türkiye
   
Vodafone Teknoloji Hizmetleri A.S.
    100.00       Registered shares  
Maslak Mah. Büyükdere Cad. Büyükdere No: 251, Sarıyer, Istanbul , 34453, Türkiye
   
VOIS Turkey Akilli Çözümler Limited Şirketi
    85.71       Ordinary shares  
Ukraine
   
Bohdana Khmelnytskogo Str.
19-21,
Kyiv, Ukraine
   
LLC Vodafone Enterprise Ukraine
    100.00      
Ownership
percentage shares
 
 
United Arab Emirates
   
16-SD
129, Ground Floor, Building
16-Co
Work, Dubai Internet City, United Arab Emirates
   
Vodacom Fintech Services
FZ-LLC
5
    65.10       Ordinary shares  
DSO ABCN 81010, ABCN DSO HQ, Dubai Silicon Oasis, Dubai, UAE, United Arab Emirates
   
Sarmady Middle East FZE
5
    35.82       Ordinary shares  
Office 101, 1st Floor, DIC Building 1, Dubai Internet City, Dubai, United Arab Emirates
   
Vodafone Enterprise Europe (UK) Limited - Dubai Branch
2
    100.00       Branch  
 
 
 
Company name
 
% of share class held
by Group companies
         Share class  
United Kingdom
   
11 Staple Inn Building, London, WC1V 7QH, United Kingdom
   
Vodacom Business Africa Group Services Limited
5
    65.10      
Ordinary shares,
Preference shares
 
 
Vodacom UK Limited
5
    65.10      




Ordinary shares,
Ordinary B shares,
Non-redeemable

ordinary A shares,
Non-redeemable

preference shares
 
 
 
 
 
 
50 Lothian Road, Festival Square, Edinburgh, EH3 9WJ, United Kingdom
   
Thus Group Holdings Limited
    51.00       Ordinary shares  
Thus Group Limited
    100.00       Ordinary shares  
3 More London, Riverside, London, SE12AQ, United Kingdom
   
IoT Nxt UK Limited
5
    42.32       Ordinary shares  
Quarry Corner, Dundonald, Belfast, BT16 1UD, Northern Ireland
   
Energis (Ireland) Limited
    100.00      


Ordinary A shares,
Ordinary B shares,
Ordinary C shares,
Ordinary D shares
 
 
 
 
Vodafone House, The Connection, Newbury, Berkshire, RG14 2FN, United Kingdom
   
Apollo Submarine Cable System Limited
    100.00       Ordinary shares  
Cable & Wireless Aspac Holdings Limited
    100.00       Ordinary shares  
Cable & Wireless CIS Services Limited
    100.00       Ordinary shares  
Cable & Wireless Communications Data Network Services Limited
    100.00      
Ordinary A shares,
Ordinary B shares
 
 
Cable & Wireless Europe Holdings Limited
    100.00       Ordinary shares  
Cable & Wireless Global Telecommunication Services Limited
    100.00       Ordinary shares  
Cable & Wireless UK Holdings Limited
    100.00       Ordinary shares  
Cable & Wireless Worldwide Limited
    100.00       Ordinary shares  
Cable and Wireless (India) Limited
    100.00       Ordinary shares  
Cable and Wireless Nominee Limited
    100.00       Ordinary shares  
Energis Communications Limited
    51.00       Ordinary shares  
Energis Squared Limited
    100.00       Ordinary shares  
London Hydraulic Power Company (The)
    100.00      

Ordinary shares,
5% Non-cumulative

preference shares
 
 
 
Navtrak Ltd
    100.00       Ordinary shares  
Project Telecom Holdings Limited
1
    100.00       Ordinary shares  
Rian Mobile Limited
    100.00       Ordinary shares  
Talkmobile Limited
    51.00       Ordinary shares  
The Eastern Leasing Company Limited
    100.00       Ordinary shares  
Thus Limited
    51.00       Ordinary shares  
Company name
 
% of share class held
by Group companies
         Share class  
Vodafone 2.
    100.00       Ordinary shares  
Vodafone Automotive UK Limited
    100.00       Ordinary shares  
Vodafone Consolidated Holdings Limited
    100.00       Ordinary shares  
Vodafone Corporate Secretaries Limited
1
    100.00       Ordinary shares  
Vodafone DC Pension Trustee Company Limited
1
    100.00       Ordinary shares  
Vodafone Distribution Holdings Limited
    100.00       Ordinary shares  
Vodafone Enterprise Corporate Secretaries Limited
    100.00       Ordinary shares  
Vodafone Enterprise Equipment Limited
    100.00       Ordinary shares  
Vodafone Enterprise Europe (UK) Limited
    100.00       Ordinary shares  
Vodafone Enterprise U.K.
    51.00       Ordinary shares  
Vodafone European Investments
1
    100.00       Ordinary shares  
Vodafone Finance Limited
1
    100.00       Ordinary shares  
Vodafone Finance Management
    100.00       Ordinary shares  
Vodafone Global Enterprise Limited
    100.00      

Ordinary shares,
Deferred shares,
Deferred B shares
 
 
 
Vodafone Group (Directors) Trustee Limited
1
    100.00       Ordinary shares  
Vodafone Group Pension Trustee Limited
1
    100.00       Ordinary shares  
Vodafone Group Services Limited
    100.00      
Ordinary shares,
Deferred shares
 
 
Vodafone Group Services No.2 Limited
1
    100.00       Ordinary shares  
Vodafone Group Share Trustee Limited
1
    100.00       Ordinary shares  
Vodafone International 2 Limited - UK Branch
2
    100.00       Branch  
Vodafone International Operations Limited
    100.00       Ordinary shares  
Vodafone Investments Limited
1
    100.00      

Ordinary shares,
Zero coupon
redeemable
 
 
 
Vodafone IoT UK Limited
    100.00       Ordinary shares  
Vodafone IP Licensing Limited
1
    100.00       Ordinary shares  
Vodafone Limited
    51.00       Ordinary shares  
 
 
Company name
 
% of share class held
by Group companies
         Share class  
United Kingdom (continued)
   
Vodafone Mobile Network Limited
    100.00       Ordinary shares  
Vodafone Nominees Limited
1
    100.00       Ordinary shares  
Vodafone Oceania Limited
    100.00       Ordinary shares  
Vodafone Overseas Finance Limited
    100.00       Ordinary shares  
Vodafone Partner Services Limited
    100.00      

Ordinary shares,
Redeemable
preference shares
 
 
 
Vodafone Retail (Holdings) Limited
    100.00       Ordinary shares  
Vodafone Sales & Services Limited
    100.00       Ordinary shares  
Vodafone Shared Operations Limited
7
    85.71       Ordinary shares  
Vodafone Shared Services UK Limited
    85.71       Ordinary shares  
Vodafone UK Investments Limited
1
    100.00       Ordinary shares  
VodafoneThree Holdings Limited
    51.00       Ordinary shares  
Vodafone Ventures Limited
1
    100.00       Ordinary shares  
Vodaphone Limited
    100.00       Ordinary shares  
Your Communications Group Limited
    100.00      

Ordinary B shares,
Redeemable
preference shares
 
 
 
450 Longwater Avenue, Green Park, Reading, England, RG2 6GF, United Kingdom
   
3UK Retail Limited
    51.00       Ordinary shares  
Hutchison 3G UK Holdings Limited
    51.00       Ordinary shares  
Hutchison 3G UK Limited
    51.00       Ordinary shares  
ID Communications Limited
    51.00       Ordinary shares  
UK Broadband Limited
    51.00       Ordinary shares  
United States
   
1209 Orange, Orange Street, Wilmington, New Castle DE 19801, United States
   
IoT nxt USA Inc
5
    42.32       Common stock shares  
1450 Broadway, Fl 11, Suite 104, New York NY 10018, United States
   
Cable & Wireless Americas Systems, Inc.
    100.00       Common stock shares  
Vodafone Americas Virginia Inc.
    100.00       Common stock shares  
Vodafone IoT Incorporated
    100.00       Common stock shares  
Vodafone US Inc.
    100.00       Common stock shares  
1615 Platte Street, Suite
02-115,
Denver CO 80202, United States
   
Vodafone Americas Foundation
    100.00       Trustee  
Associated undertakings and joint arrangements
 
Company name
 
% of share class held
by Group companies
         Share class  
Australia
   
Level 27, Tower Two, International Towers Sydney, 200 Barangaroo Avenue, Barangaroo NSW 2000, Australia
   
3.6 GHz Spectrum Pty Ltd
    23.73       Ordinary shares  
AAPT Limited
    23.73       Ordinary shares  
ACN 088 889 230 Pty Ltd
    23.73       Ordinary shares  
ACN 139 798 404 Pty Ltd
    23.73       Ordinary shares  
Adam Internet Holdings Pty Ltd
    23.73       Ordinary shares  
Adam Internet Pty Ltd
    23.73      

Ordinary shares,
Class A shares,
Class B shares
 
 
 
Agile Pty Ltd
    23.73       Ordinary shares  
AlchemyIT Pty Ltd
    23.73       Ordinary shares  
Chariot Pty Ltd
    23.73       Ordinary shares  
Chime Communications Pty Ltd
    23.73       Ordinary shares  
Connect West Pty Ltd
    23.73       Ordinary shares  
Destra Communications Pty Ltd
    23.73       Ordinary shares  
Digiplus Contracts Pty Ltd
    23.73       Ordinary shares  
Digiplus Holdings Pty Ltd
    23.73       Ordinary shares  
Digiplus Investments Pty Ltd
    23.73       Ordinary shares  
Digiplus Pty Ltd
    23.73       Ordinary shares  
H3GA Properties (No. 3) Pty Ltd
    23.73       Ordinary shares  
iiNet Labs Pty Ltd
    23.73       Ordinary shares  
iiNet Limited
    23.73       Ordinary shares  
Internode Pty Ltd
    23.73      
Ordinary shares,
Class B shares
 
 
IntraPower Pty Ltd
    23.73       Ordinary shares  
Intrapower Terrestrial Pty Ltd
    23.73       Ordinary shares  
IP Group Pty Ltd
    23.73       Ordinary shares  
IP Services Xchange Pty Ltd
    23.73      
Class A shares,
Class B shares
 
 
Kooee Communications Pty Ltd
    23.73       Ordinary shares  
Kooee Mobile Pty Ltd
    23.73       Ordinary shares  
Mercury Connect Pty Ltd
    23.73      
Ordinary shares,
Class E shares
 
 
Mobile JV Pty Limited
    23.73       Ordinary shares  
Mobileworld Communications Pty Limited
    23.73       Ordinary shares  
Mobileworld Operating Pty Ltd
    23.73       Ordinary shares  
Netspace Online Systems Pty Ltd
    23.73       Ordinary shares  
 
 
Company name
 
% of share class held
by Group companies
    Share class  
Australia (continued)
   
Numillar IPS Pty Ltd
    23.73       Ordinary shares  
PIPE Transmission Pty Limited
    23.73       Ordinary shares  
PowerTel Limited
    23.73       Ordinary shares  
Request Broadband Pty Ltd
    23.73       Ordinary shares  
Satellite Mobile Pty Ltd
    23.73       Ordinary Shares  
Soul Communications Pty Ltd
    23.73       Ordinary shares  
Soul Contracts Pty Ltd
    23.73       Ordinary shares  
Soul Pattinson Telecommunications Pty Ltd
    23.73       Ordinary shares  
SPT Telecommunications Pty Ltd
    23.73       Ordinary shares  
SPTCom Pty Ltd
    23.73       Ordinary shares  
Telecom Enterprises Australia Pty Limited
    23.73       Ordinary shares  
Telecom New Zealand Australia Pty Ltd
    23.73      

Ordinary shares,
Redeemable
preference shares
 
 
 
TPG Corporation Limited
    23.73       Ordinary shares  
TPG Energy Pty Ltd
    23.73       Ordinary shares  
TPG Finance Pty Ltd
    23.73       Ordinary shares  
TPG Holdings Pty Ltd
    23.73       Ordinary shares  
TPG Internet Pty Ltd
    23.73       Ordinary shares  
TPG JV Company Pty Ltd
    23.73       Ordinary shares  
TPG Network Pty Ltd
    23.73       Ordinary shares  
TPG Telecom Limited
    23.73       Ordinary shares  
TransACT Capital Communications Pty Ltd
    23.73       Ordinary shares  
TransACT Communications Pty Ltd
    23.73       Ordinary shares  
TransACT Victoria Communications Pty Ltd
    23.73       Ordinary shares  
TransACT Victoria Holdings Pty Ltd
    23.73       Ordinary shares  
Trusted Cloud Pty Ltd
    23.73       Ordinary shares  
Trusted Cloud Solutions Pty Ltd
    23.73       Ordinary shares  
Value Added Network Pty Ltd
    23.73       Ordinary shares  
Vodafone Australia Pty Limited
    23.73      


Ordinary shares,
Class B shares,
Redeemable
preference shares
 
 
 
 
Vodafone Foundation Australia Pty Limited
    23.73       Ordinary shares  
Vodafone Hutchison Receivables Pty Limited
    23.73       Ordinary shares  
Vodafone Hutchison Spectrum Pty Limited
    23.73       Ordinary shares  
Vodafone Network Pty Limited
    23.73       Ordinary shares  
Vodafone Pty Limited
    23.73       Ordinary shares  
Company name
 
% of share class held
by Group companies
    Share class  
VtalkVoip Pty Ltd
    23.73       Ordinary shares  
Westnet Pty Ltd
    23.73       Ordinary shares  
Belgium
   
Space Court of Justic, Rue aux Laines 70, 1000 Brussels, Belgium
   
Utiq S.A
    25.00       Ordinary shares  
Czech Republic
   
Praha 4, Závišova 502/5, 14000, Nusle, Czech Republic
   
Vantage Towers s.r.o.
4
    44.64       Ordinary shares  
U Rajské zahrady 1912/3, Praha 3, 13000, Czech Republic
   
COOP Mobil s.r.o.
    33.33       Ordinary shares  
Egypt
   
23 Kasr El Nil St, Cairo, 11211, Egypt
   
Wataneya Telecommunications S.A.E
    50.00       Ordinary shares  
Ethiopia
   
Kirkos Sub City, Woreda 01, House No. New, Addis Ababa, Ethiopia
   
Safaricom
M-PESA
Mobile Financial Services Plc
5
    18.07       Ordinary shares  
Safaricom Telecommunications Ethiopia Private Limited Company
5
    18.07       Ordinary shares  
Germany
   
38 Berliner Allee, 40212, Düsseldorf, Germany
   
MNP Deutschland Gesellschaft bürgerlichen Rechts
    33.33       Partnership share  
Ferdinand-Braun-Platz 1, 40549, Düsseldorf, Germany
   
OXG Glasfaser Beteiligungs GmbH
    50.00       Ordinary shares  
OXG Glasfaser GmbH
    50.00       Ordinary shares  
Nobelstrasse 55, 18059, Rostock, Germany
   
Verwaltung Urbana Teleunion Rostock GmbH
    50.00       Ordinary shares  
Prinzenallee
11-13,
40549, Düsseldorf, Germany
   
Oak Holdings 1 GmbH
    49.98       Ordinary shares  
Oak Holdings 2 GmbH
    49.98       Ordinary shares  
Oak Holdings GmbH
    49.98       Ordinary shares  
Oak Renewables GmbH
    49.98       Ordinary shares  
Vantage Towers AG
    44.64       Ordinary shares  
Vantage Towers Erste Verwaltungsgesellschaft GmbH
4
    44.64       Ordinary shares  
 
 
Company name
  
% of share class held
by Group companies
       Share class  
Greece
       
2 Adrianeiou str, Athens, 11525, Greece
       
Vantage Towers Single Member Societe Anonyme
4
     44.64          Ordinary shares  
12 Rizareiou str, Halandri, 15233, Greece
       
Tilegnous IKE
     33.29          Ordinary shares  
43-45
Valtetsiou Str., Athens, Greece
       
Safenet N.P,A.
     24.97          Issued shares  
Marathonos Ave 18 kn & Pylou, Pallini, Attica, 15351 Greece
       
Victus Networks S.A.
     49.94          Ordinary shares  
Hungary
       
Boldizsár utca 2, Budapest, 1112, Hungary
       
Vantage Towers Zártkörűen Működő, Részvénytársaság
4
     44.64          Ordinary shares  
India
       
10th Floor, Birla Centurion, Century Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai, Maharashtra, 400030, India
       
Vodafone Foundation
6
     24.03          Ordinary shares  
Vodafone Idea
Next-Gen
Solutions Limited
6
     24.39          Ordinary shares  
Vodafone Idea Shared Services Limited
6
     24.39          Ordinary shares  
Vodafone Idea Technology Solutions Limited
6
     24.39          Ordinary shares  
You Broadband India Limited
6
     24.39          Equity shares  
Suman Tower, Plot No. 18, Sector No. 11, Gandhinagar, 382011, Gujarat, India
       
Vodafone Idea Limited
     24.39          Equity shares  
Vodafone Idea Manpower Services Limited
6
     24.10          Ordinary shares  
Vodafone House, Corporate Road, Prahladnagar, Off S. G. Highway, Ahmedabad, Gujarat, 380051, India
       
Vodafone Idea Business Services Limited
6
     24.39          Ordinary B shares  
Vodafone Idea Communication Systems Limited
6
     24.39          Ordinary shares  
Vodafone Idea Telecom Infrastructure Limited
6
     24.39          Ordinary shares  
Ireland
       
Mountainview, Leopardstown, Dublin 18, Ireland
       
Vantage Towers Limited
4
     44.64          Ordinary shares  
The Herbert Building, The Park, Carrickmines, Dublin, Ireland
       
Siro DAC
     50.00          Ordinary shares  
Siro JV Holdco Limited
     50.00          Ordinary B shares  
Italy
       
Via Gaetana Negri 1, 20123, Milano, Italy
       
Infrastrutture Wireless Italiane S.p.A.
     16.79          Ordinary shares  
Company name
  
% of share class held
by Group companies
       Share class  
Kenya
       
9th Floor, Williamson House, 4th Ngong Avenue, PO Box 40111 - 00100, Nairobi, Kenya
       
M-PESA
Holding Co. Limited
     27.74         
Ordinary equity
shares
 
 
LR No. 13263 Safaricom House, PO Box 66827, 00800, Nairobi, Kenya
       
Safaricom PLC
     27.74          Ordinary shares  
ACS Plaza 5th Floor, Lenana Road, Kilimani, Nairobi, Kenya
       
M-PESA
Africa Limited
5
     46.42          Ordinary shares  
Luxembourg
       
15 rue Edward Steichen, Luxembourg, 2540, Luxembourg
       
SatCo GP S.à r.l.
     50.00          Ordinary shares  
SatCo SCS
     50.00          Ordinary shares  
Vodafone Telenor Procurement Company SCSp
     50.00          Ordinary shares  
VTPC General Partner S.à r.l.
     50.00          Ordinary shares  
Tomorrow Street SCA
     50.00          Ordinary shares  
Netherlands
       
Avenue Ceramique 300, 6221 Kx, Maastricht, Netherlands
       
Vodafone Antennelocaties B.V.
     50.00          Ordinary shares  
Vodafone Libertel B.V.
     50.00          Ordinary shares  
Boven Vredenburgpassage 128, 3511 WR, Utrecht, Netherlands
       
Amsterdamse
Beheer-en
Consultingmaatschappij B.V.
     50.00          Ordinary shares  
Esprit Telecom B.V.
     50.00          Ordinary shares  
Vodafone Financial Services B.V.
     50.00          Ordinary shares  
Vodafone Nederland Holding I B.V.
     50.00          Ordinary shares  
Vodafone Nederland Holding II B.V.
     50.00          Ordinary shares  
VodafoneZiggo Employment B.V.
     50.00          Ordinary shares  
VodafoneZiggo Group B.V.
     50.00          Ordinary shares  
VodafoneZiggo Group Holding B.V.
     50.00          Ordinary shares  
VZ Financing I B.V.
     50.00          Ordinary shares  
VZ Financing II B.V.
     50.00          Ordinary shares  
VZ FinCo B.V.
     50.00          Ordinary shares  
VZ PropCo B.V.
     50.00          Ordinary shares  
VZ Secured Financing B.V.
     50.00          Ordinary shares  
Ziggo B.V.
     50.00          Ordinary shares  
Ziggo Deelnemingen B.V.
     50.00          Ordinary shares  
Ziggo Netwerk II B.V.
     50.00          Ordinary shares  
 
 
Company name
  
% of share class held
by Group companies
       Share class  
Ziggo Real Estate B.V.
     50.00          Ordinary shares  
Ziggo Services B.V.
     50.00          Ordinary shares  
Ziggo Services Employment B.V.
     50.00          Ordinary shares  
Ziggo Services Netwerk 2 B.V.
     50.00          Ordinary shares  
Ziggo Zakelijk Services B.V.
     50.00          Ordinary shares  
ZUM B.V.
     50.00          Ordinary shares  
Media Parkboulevard 2, 1217 WE Hilversum, Netherlands
       
Liberty Global Content Netherlands B.V.
     50.00          Ordinary shares  
Regus, 3 More London Riverside, London SE1 2RE
       
Global Partnership for Ethiopia B.V.
     18.07          Ordinary shares  
Rivium Quadrant 175, 2909 LC, Capelle aan den Ijssel, Netherlands
       
Central Tower Holding Company B.V.
4
     50.00          Ordinary shares  
Winschoterdiep 60, 9723 AB Groningen, Netherlands
       
Ziggo Bond Company B.V.
     50.00          Ordinary shares  
Ziggo Netwerk B.V.
     50.00          Ordinary shares  
Portugal
       
Av. D. João II, nº 36 - 8º Piso, 1998 - 017, Parque das Naçőes, Lisboa, Portugal
       
DABCO Portugal, Lda
     80.20          Ordinary shares  
Edif. Arquiparque VII, R Dr António Loureiro Borges, 7, 3.°,
1495-131
Algés, Oeiras, Portugal
       
Vantage Towers, S.A.
4
     44.64          Ordinary shares  
Rua Pedro e Inês, Lote 2.08.01,
1990-075,
Parque das Nações, Lisboa, Portugal
       
Sport TV Portugal, S.A.
     25.00          Nominative shares  
SÍTIO Sete Rios - Praça Nuno Rodrigues dos Santos, 7,
1600-171
, Lisboa, Portugal
       
Dual Grid – Gestão de Redes Partilhadas, S.A.
     50.00          Ordinary shares  
Romania
       
Calea Floreasca no. 169A, 3rd floor, District 1, Bucharest, Romania
       
Vantage Towers S.R.L.
4
     44.64          Ordinary shares  
Floor 3, Module 2, Connected buildings III, Nr. 10A, Dimitrie Pompei Boulevard,
       
Bucharest, Sector 2, Romania
       
Netgrid Telecom SRL
     50.00          Ordinary shares  
Russian Federation
       
Building 3, 11, Promyshlennaya Street, Moscow, 115 516, Russian Federation
       
Autoconnex Limited
     35.00          Ordinary shares  
 
     
% of share class held
by Group companies
       Share class  
South Africa
       
76 Maude Street, Sandton, Johannesberg, 2196, South Africa
       
Waterberg Lodge (Proprietary) Limited
5
     32.55          Ordinary shares  
Rigel Office Park Block A, No 446 Rigel Avenue South, Erasmu, South Africa
       
Afri G I S (Pty) Ltd
5
     21.16          Ordinary shares  
Canard Spatial Technologies Proprietary Limited
5
     21.16          Ordinary shares  
31 Georgian Cresent East, Bryanston, Gauteng, 2191, South Africa
       
Maziv Proprietary Limited
     30.00          Ordinary shares  
CIVH PrefCo (Pty) Ltd
     30.00          Ordinary shares  
Vumatel (Pty) Ltd
     30.00          Ordinary shares  
Dark Fibre Africa (Pty) Ltd
     30.00          Ordinary shares  
CIVH LoanCo (Pty) Ltd
     30.00          Ordinary shares  
CIVH SecurityCo (Pty) Ltd
     30.00          Ordinary shares  
Axio Connect (Pty) Ltd
     30.00          Ordinary shares  
Axio Africa (Pty) Ltd
     30.00          Ordinary shares  
Hero Telecoms (Pty) Ltd
     14.99          Ordinary shares  
Regional Fibre Holding (Pty) Ltd
     30.00          Ordinary Shares  
SADV (Pty) Ltd
     30.00          Ordinary shares  
Vuma Connect
     30.00          Ordinary shares  
VumaCam (Pty) Ltd
     15.30          Ordinary shares  
VumaCam LTIP Co (Pty) Ltd
     15.30          Ordinary shares  
Centr AI (Pty) Ltd
     15.30          Ordinary shares  
OSM Trading (Pty) Ltd
     15.30          Ordinary shares  
VumaCam Infrastructure (Pty) Ltd
     30.00          Ordinary shares  
Rise Telecomms
     30.00          Ordinary shares  
Francios O’Kennedy W.O.R.X (Pty) Ltd
     30.00          Ordinary shares  
Connected Space Pty Ltd
     30.00          Ordinary shares  
MCT Telecommunications (Pty) Ltd
     22.50          Ordinary shares  
Maziv PropCo (Pty) Ltd
     30.00          Ordinary shares  
Vodacom Corporate Park, 082 Vodacom Boulevard, Midrand, 1685, South Africa
       
M-Pesa
S.A (Proprietary) Limited
5
     46.42          Ordinary shares  
Spain
       
Calle San Severo 22, 28042, Madrid, Spain
       
Vantage Towers, S.L.U.
4
     44.64          Ordinary shares  
 
 
Company name
  
% of share class held
by Group companies
       Share class  
Tanzania, United Republic of
       
Vodacom Tanzania PLC, 15 Floor, Vodacom Tower, Plot 23 Ursino Estate, Bagamoyo Road, Dar es Salaam, Tanzania, United Republic of
       
Ngorongoro Fibre Company Limited
     48.82          Ordinary shares  
Fast Fibre Tanzania Limited
     24.41          Ordinary B shares  
Plot No. 23, Ursino Estate, Bagamoyo Road, Dar es Salaam, Tanzania, United Republic of
       
Vodacom Trust Limited
5
     48.82         
Ordinary A shares,
Ordinary B shares
 
 
Türkiye
       
Çifte Havuzlar Mah Eski Londra Asfalti Cad No: 151/1E/301, Esenler, Istanbul, Türkiye
       
FGS Bilgi Islem Urunler Sanayi ve Ticaret AS
     50.00          Ordinary shares  
Levazim Mahallesi Vadi Caddesi Zorlu Center No:2 Ic Kapi No: 347, Besiktas, Istanbul, Türkiye
       
Red Haven Veri Merkezi Anonim Sirketi
     50.00         
Ordinary A shares,
Ordinary B shares
 
 
United Kingdom
       
One Kingdom Street, London, W2 6BY, United Kingdom
       
DABCO Limited
3
     69.23         

Ordinary shares,
Series A - preference

shares
 
 
 
24/25 The Shard, 32 London Bridge Street, London, SE1 9SG, United Kingdom
       
Digital Mobile Spectrum Limited
     33.33          Ordinary shares  
Sixth floor, Thames Tower, Station Road, Reading, RG1 1LX, United Kingdom
       
Mobile Broadband Network Limited
     25.50          Ordinary shares  
Floor 5, 20 Fenchurch Street, London, EC3M 3BY, United Kingdom
       
VodaFamily Ethiopia Holding Company Limited
5
     31.47          Ordinary shares  
120 Kings Road, London, SW3 4TR, United Kingdom
       
Cable & Wireless Trade Mark Management Limited
     50.00         
Ordinary A shares,
Ordinary B shares
 
 
Vodafone House, The Connection, Newbury, Berkshire, RG14 2FN, United Kingdom
       
Vodafone Hutchison (Australia) Holdings Limited
     50.00          Ordinary shares  
United States
       
251 Little Falls Drive, Wilmington DE 19808, United States
       
Ziggo Financing Partnership
     50.00          Partnership interest  
2820 Selwyn Avenue, Charlotte NC 28209, United States
       
Britelink USA Inc
     22.50         
Common stock
shares
 
 
Notes:
 
1.
Directly held by Vodafone Group Plc.
 
2.
Branches.
 
3.
SC DABCO Management LLC has joint control rights over DABCo Limited.
 
4.
Shareholding is indirect through Vantage Towers A.G.
 
5.
Shareholding is indirect through Vodacom Group Limited. The indirect shareholding is calculated using the 65.10% ownership interest in Vodacom Group Limited.
 
6.
Includes the indirect interest held through Vodafone Idea Limited.
 
7.
Accenture Holdings B.V. holds 20% of the total voting rights in Vodafone Shared Operations Limited.
Selected financial information
The table below shows selected financial information in respect of subsidiaries that have
non-controlling
interests that are material to the Group.
 
    
 Vodacom Group Limited 
 
VodafoneThree
Holdings
Limited
     
2026
€m
 
2025
m
 
2026 
€m 
Summary comprehensive income information
      
Revenue
     8,365       7,791       9,192  
Profit/(loss) for the financial year
     1,368       1,058       (1,063
Other comprehensive income/(expense)
     (4     (121     30  
Total comprehensive income/(expense)
     1,364       937       (1,033
Other financial information
      
Profit/(loss) for the financial year allocated to
non-controlling
interests
     604       422       (258
Dividends paid to
non-controlling
interests
     245       249        
Summary financial position information
      
Non-current
assets
     9,048       8,002       17,983  
Current assets
     4,398       3,808       4,603  
Total assets
  
 
13,446
 
 
 
11,810
 
 
 
22,586
 
Non-current
liabilities
     (4,582     (3,535     (11,531
Current liabilities
     (3,978     (3,802     (5,114
Total assets less total liabilities
  
 
4,886
 
 
 
4,473
 
 
 
5,941
 
Equity shareholders’ funds
     3,519       3,353       3,681  
Non-controlling
interests
     1,367       1,120       2,260  
Total equity
  
 
4,886
 
 
 
4,473
 
 
 
5,941
 
Statement of cash flows
      
Net cash inflow from operating activities
     2,607       2,573       3,183  
Net cash outflow from investing activities
     (1,313     (1,101     (2,209
Net cash outflow from financing activities
     (895     (1,328     (954
Net cash inflow/(outflow)
  
 
399
 
 
 
144
 
 
 
20
 
Cash and cash equivalents brought forward
     1,188       1,052       18  
Exchange loss on cash and cash equivalents
     (74     (8     (1
Cash and cash equivalents
  
 
1,513
 
 
 
1,188
 
 
 
37